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🤣🪦RIP. Mistake is comparing crypto exchanges to traditional brokers. It's Borders as a comp for Amazon all over again. "Book margins are coming down and Borders has cafes." 👨‍💻Ya, but what about the meteor? 🦕What meteor? ☄️This one, #BTC itch. 😵🔥🍖😋

Coinbase ‘tremendously overvalued,’ warns short-selling legend Jim Chanos

The Wall Street veteran expects Coinbase’s fees to compress from their current levels.

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IMF_Detractor.gmi

So why own an exchange instead of BTC if that’s your thesis?

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Personally, I'd want to own both. Exchanges are sort of a bet on the whole space growing.

4:16 AM · Jun 1, 2022Twitter Web App

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One's a bet on adoption, the other's a bet on companies servicing the adoption.

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IMF_Detractor.gmi

Wait.. no way…

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When

listing ??

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100%

@HumpBackCrypto

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Just right but only problems come.